SP3 5.88% 1.8¢ spectur limited

Ann: Appendix 4E and Preliminary Final Report, page-19

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    @mjb8410, ok I bite.
    As stated in the 4E, the consolidated GM is 56% and for 3CT it is 30%.
    The consolidated GM is awesome, no doubt about that.
    3CT's 30% is still good and it is was profitable when the M&A happened. What is not to like about that?

    Not sure about the average AI firm ASX GM but I can point you to lots of companies in that space who are not profitable.
    Just to give you one example, I used to hold lots of APX and fortunately sold out (at break even) once the first red flags appeared on the horizon (they lost 80% in MC since then). With SP3, I am under water (hopefully for not much longer) despite them growing nicely and profitability on the horizon.

    Can you enlighten us as to why a consolidated GM for SP3 of 56% and a GM for 3CT of 30%, with the latter being net profitable is in your view not a good read. To answer your second question, I do not expect that to happen while I hold my shares. Especially not if we get back above 7c. I explained why sometime ago, so just go back on read up in the SP3 threads (I am sure you know the answer

    happy fathers day
    Last edited by avinvest: 03/09/23
 
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